Property and Equipment

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

The net carrying value of property and equipment was as follows as of:



	June 30, 2019			December 31, 2018
Furniture and fixtures	$	293,152		$	293,152
Equipment	1,004,022			1,527,054
Capitalized internal use and purchased software	9,718,308			9,142,075
Leasehold improvements	421,016			421,016
Subtotal	11,436,498			11,383,297
Less: accumulated depreciation and amortization	(9,867,993		)	(9,259,625		)
Total	$	1,568,505		$	2,123,672

During the three and six months ended June 30, 2019, depreciation expense was $431,585 and $873,426, respectively. During the three and six months ended June 30, 2018, depreciation expense was $447,790 and $885,975, respectively.